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Wyeth, lawyers for fen-phen users propose new settlement

Published in Cardiovascular Business Week, August 10th, 2004

Former fen-phen users seeking compensation for heart problems under a U.S. class-action settlement would get payments sooner but would receive less under a proposed new agreement between drug maker Wyeth and claimants' attorneys.

The new agreement must be approved by a federal judge after some details are ironed out over the next couple weeks. It would affect about 41,600 former users of the diet drugs Pondimin and Redux who suffered moderate heart valve damage.

Wyeth pulled the drugs, part of the once wildly popular fen-phen combination, from the market in September 1997 amid reports they had caused heart valve damage and, in a small number of...

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